$XMR Surges 8.62%: Can Monero Break $610? Price: $607.84 | 24H: +8.62%
High: $609.55 | Low: $545.60
24H Turnover: $67.95M
4H MARKET ANALYSIS:
Monero has broken above $570 with a powerful bullish candle and rising volume. Buyers control short-term momentum, but resistance at $610 could trigger profit-taking after this sharp rally.
BULLISH SETUP:
Trigger: 4H close above $610 + successful retest
Entry: $610 | SL: $600
T1: $615 | T2: $620 | T3: $630
R:R at T3: 1:2
BEARISH SETUP:
Trigger: 4H close below $590 + failed retest
Entry: $590 | SL: $600
T1: $585 | T2: $580 | T3: $570
R:R at T3: 1:2
A confirmed breakout could extend the rally, while rejection risks a deeper pullback.
Will XMR clear $610 or retreat toward $590?
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